News
Higher mortgage rates push landlords towards interest-only loans
7+ hour, 40+ min ago (438+ words) Rising mortgage rates are forcing landlords to rethink how they finance their portfolios, with a growing shift towards interest-only borrowing, cash injections and shorter fixed-rate deals, according to the latest lettings index from Hamptons. The share of new buy-to-let mortgages…...
Borrowers opt for shorter fixes as rates surge
1+ week, 4+ day ago (406+ words) Rising mortgage rates are reshaping borrower choices, with many turning to two-year fixes and variable deals in response to recent increases linked to geopolitical tensions in Iran, according to data from Moneyfactscompare. co. uk. Analysis of mortgage searches over the…...
JP'Morgan chief warns of "significant" interest rate shocks
1+ week, 5+ day ago (280+ words) JPMorgan Chase CEO Jamie Dimon has warned that the conflict in Iran could trigger oil and commodity price shocks, keeping inflation high and pushing interest rates above current market expectations. In his annual letter to shareholders, released a day after…...
Spring seller surge set to keep house prices 'in check"
2+ week, 5+ day ago (525+ words) Property transactions rebounded in February, with the latest HMRC figures showing a 6% month-on-month increase following a dip in January. Seasonally adjusted residential transactions rose from 96, 940 in January to 102, 410 in February 2026 " the highest monthly total since March 2025. Despite the increase, activity…...
UK mortgage approvals see biggest rise since November, Bo E reports
2+ week, 6+ day ago (340+ words) Mortgage approvals in the UK showed a rebound in February after hitting a two-year low in January, signaling a brief recovery in the property market before global uncertainty from the Iran conflict weighed on confidence. According to the Bank of…...
Chancellor urges major banks to boost mortgage support
3+ week, 3+ day ago (433+ words) The chancellor Rachel Reeves met with the UK's six largest banks and building societies, alongside UK Finance and the economic secretary, on Thursday to assess the impact of the conflict in Iran on households and small businesses. The charter also…...
Mortgage rates hit 19-month high amid inflation uncertainty
3+ week, 4+ day ago (447+ words) The average mortgage rate has climbed sharply in March, rising from 4. 89% at the start of the month to 5. 50% by 25 March, according to Moneyfacts. This increase has pushed up borrowing costs, with the typical annual repayment on a "250, 000 loan over 25 years…...
UK mortgage interest rates set to rise despite Trump's Iran war pause
3+ week, 6+ day ago (351+ words) Mortgage choice has narrowed and borrowing costs are rising, as markets expect further rate increases from the Bank of England. Average fixed rates have climbed in recent days, with the two-year deal reaching 5. 43%, while the number of available mortgage products…...
Where are mortgage rates heading over the next 12 months?
1+ mon, 3+ day ago (300+ words) Ahead of the Bank of England's Monetary Policy Committee (MPC) meeting later this week, new research highlights the uncertainty among homeowners over how mortgage costs will evolve over the next 12 months. The survey shows homeowners are almost evenly split: 23% expect…...
Price right or risk losing buyers, new data suggests
1+ mon, 4+ day ago (623+ words) Average asking prices for newly listed homes rose by 0. 8% (3, 023) in March to 371, 042, reflecting the typical seasonal uplift as the spring selling season gathers pace, the newly released Rightmove House Price Index reveals. However, the volume of homes coming onto the…...